SEGMENT AND GEOGRAPHICAL INFORMATION

12 Months Ended

Dec. 31, 2017

SEGMENT AND GEOGRAPHICAL INFORMATION

SEGMENT AND GEOGRAPHICAL INFORMATION

NOTE 16—SEGMENT AND GEOGRAPHICAL INFORMATION

The Company operates in one segment, fact‑based sourcing advisory services. The Company operates principally in the Americas, Europe, and Asia Pacific. The Company’s foreign operations are subject to local government regulations and to the economic and political uncertainties of those areas.

Geographical information for the segment is as follows:

	Years Ended December 31,
	2017		2016		2015
Revenues
Americas (1)	$	161,845	$	116,566	$	108,925
Europe (2)		82,910		75,149		77,781
Asia Pacific (3)		24,799		24,784		22,534
	$	269,554	$	216,499	$	209,240
Fixed assets
Americas	$	3,495	$	3,246	$	1,907
Europe		1,390		1,237		955
Asia Pacific		344		306		159
	$	5,229	$	4,789	$	3,021

(1)Substantially all relates to operations in the United States.

(2)Includes revenues from operations in Germany of $40.0 million, $33.5 million and $29.4 million in 2017, 2016 and 2015, respectively. Includes revenues from operations in the United Kingdom of $14.8 million, $12.5 million and $21.2 million in 2017, 2016 and 2015, respectively.

(3)Includes revenues from operations in Australia of $18.6 million, $19.1 million and $17.3 million in 2017, 2016 and 2015, respectively.

The segregation of revenues by geographic region is based upon the location of the legal entity performing the services. The Company does not measure or monitor gross profit or operating income by geography or any other measure or metric, other than consolidated, for the purposes of making operating decisions or allocating resources.